Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Reddit Inc’s current trading price is -49.51% away from its 52-week high, while its distance from the 52-week low is 151.58%. The stock’s price range over this period has fluctuated between $46.24 and $230.41. The company, operating within the financial sector, had a trading volume of approximately 11.53 million for the day, which was noticeably higher than the average daily share volume of 8.85 million over the last 3 months.
Reddit Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $230.41 on 02/10/25 and the lowest value was $46.24 on 05/06/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Reddit Inc (RDDT) has experienced a quarterly decline of -42.50% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 21.48B and boasts a workforce of 2233 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 151.37, with a change in price of -46.43. Similarly, Reddit Inc recorded 7,481,991 in trading volume during the last 100 days, posting a change of -28.53%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for RDDT stands at 0.01. Similarly, the long-term debt-to-equity ratio is also 0.01.
RDDT Stock Stochastic Average
Today, Reddit Inc’s raw stochastic average for the past 50 days stands at 38.72%, indicating a decline from the raw stochastic average of the last 20 days, which was 78.92%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 78.89% and 82.79% respectively.
RDDT Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -28.82% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 0.24%. Over the past 30 days, the price of RDDT has fallen by 20.05%. And in the last five days, it has fallen by -4.03%.